Post
Topic
Board Altcoin Discussion
Re: Less price = more profit?
by
lagharto
on 27/12/2018, 20:19:38 UTC
Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?

The price is not an indicator, better look onto trading volume. Always remember that if you buy a lot of low-liquidity shitcoins you will not be able to sell it without a dumping this in the future.
Also look onto circulation/total supply and tokens lock-up periods for team, private/pre-sale investors etc. and of course do your research about technology, use cases, team, advisors etc.